The price of COMEX Copper futures is down 2.33% at 3.6925 per pound on mid-Thursday trades. Copper prices further declined on Thursday. This makes copper prices on track for the biggest quarterly percentage fall since March 2020. The potential of a recession occurring coupled with the decline in demand...
The price of Chicago WTI crude oil futures is up 1.53% at $113.47 per barrel on mid-Wednesday trades. Crude oil prices gained for a fourth consecutive days on Wednesday with tight supply worries offsetting concerns about a weaker global economy. With countries accounting for 20% of global oil producing...
EURUSD is trading down 0.10% at 1.0511 The euro steadied on Wednesday after falling to a six-day low, reacting to the release of conflicting inflation data in Germany and Spain that created a difficult backdrop for European Central Bank policymaking. The European common single currency decline in early London...
NIKKEI 225 is trading up 0.66% at 27049.40 Japan stocks were higher after the close on Tuesday, as gains in the Machinery, Transportation Equipment and Electrical/Machinery sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 0.66%. The best performers of the session on the Nikkei...
U.S. Dollar Indexis trading down 0.20% at 103.68 The dollar eased back slightly from a 20-year high reached earlier this month on Monday, following disappointing U.S. economic data that may dampen expectations for aggressive Federal Reserve rate hikes. As of 02:38 AM EST (0638 GMT), the U.S. dollar index...
The price of Chicago Wheat futures is up 1.90% at $9.6 per bushel on mid-Friday trades. Prices of wheat has fallen to 4-month low providing some relief to galloping inflation rates. Chicago wheat futures on Friday hit their lowest in nearly four months and headed to a second consecutive...
DOW JONES is trading up 0.64% at 30892.00 U.S. futures pointed higher on Friday, building on gains in Europe and Asia following a late rally on Wall Street, as investors digest two days of high-profile testimony from Federal Reserve chair Jerome Powell. As of 06:48 AM EST (1048 GMT),...
The price of COMEX Copper futures is down 2.67% at $3.8385 per pound on mid-Thursday trades. The price of copper has been declining since early June. It has witnessed only two bullish sessions since then. The policy tightening approach adopted by the Western leaders to fix the inflation mess...
NZDUSD is trading down 0.25% at 0.6270 The dollar was down on Thursday morning in Asia amid rising concerns of slowing economic growth after the U.S. Federal Reserve Chair’s hawkish testimony. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.07% to...
The price of Chicago WTI crude oil futures is down 6.84% at $102.03 at mid-Wednesday trades. Prices of oil tumbled on Wednesday as U.S. president, Joe Biden plans to cut fuel costs for drivers over concerns of a potential economic recession after the Fed recently hike its rate by...
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